Glossary · Reading the business
In short
An environmental permit is official permission from a government agency to operate a business activity that might impact the environment. Buyers must confirm all necessary permits are current and transferable to avoid legal issues and operational disruptions.
During due diligence, check if the target business requires specific environmental permits for its operations, like waste disposal or air emissions. Verify their status and ensure they can be transferred to you post-acquisition. A Phase I Environmental Site Assessment often uncovers these.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
Pressure-test the numbers before you make an offer
Send us the asking price and the seller's cash flow — we'll show whether the deal services SBA debt and where the add-backs are likely to hold up.
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